Bajaj Finance Ltd. Company Profile: Products,Promoters and Clients

Bajaj Finance Ltd. Company

Bajaj Finance Ltd. (BFL), a subsidiary of Bajaj Finserv Ltd., is a deposit-taking NBFC registered with the RBI, classified as an NBFC-ICC. BFL offers lending and deposit services with a diversified portfolio spanning retail, SMEs, and commercial sectors, serving both urban and rural areas. With a 35-year history, BFL is a leading NBFC in India, serving 69.14 million customers. 

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It accepts public and corporate deposits and provides various financial products. BFL holds top domestic credit ratings: AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. S&P Global ratings rate it BB+/Positive for long-term issuer credit and B for short-term.

Q1. What are the Product and service offerings of the Bajaj Finance?

Bajaj Finance provides a comprehensive suite of financial solutions catering to diverse needs across various segments. For consumers, offerings include Durable Finance, Lifestyle Finance, Digital Product Finance, EMI Card, and more. Businesses can benefit from Commercial Lending options like Vendor Financing and Loans against Securities. Financial Institutions have access to specialized services such as Light Engineering Finance, while Corporate clients can avail Warehouse Financing.

Investment opportunities encompass Fixed Deposits and Mutual Funds. SMEs are offered a range of financial solutions including Home Loans, Business Loans, and Developer Finance. Through these tailored offerings, Bajaj Finance ensures accessibility and convenience for its customers, spanning from individuals to corporates.

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Q2. Who are the Promoters of the Bajaj Finance?

Bajaj Finserv owns a majority of 51% stake in the company.

Q3. Who are the Clients of the Bajaj Finance?

Percentage breakdown of AUM for the company as of FY24:

Two & Three-Wheeler Finance: 5.97% 

Urban Sales Finance: 7.09% 

Urban B2C: 19.99% 

Rural Sales Finance: 1.88% 

Rural B2C (excl Gold Loans): 5.33% 

Gold Loans: 1.39% 

SME lending (excl Car loans): 11.64% 

Car Loans: 2.14% Commercial lending: 6.66% 

Loan against securities: 6.67% 

Mortgages: 31.25%

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